Trading approval received for 13,00,000 preferential shares issued to promoters
Continental Securities Ltd has received trading approval from BSE Ltd for 13,00,000 equity shares issued to promoters on a preferential basis.
By ScoutQuest · · 1 min read
- Shares approved for trading
- 13,00,000 equity shares issued to promoters on a preferential basis
- Issue price terms
- Shares of Rs. 2/- each, issued at a premium of Rs. 19/-
- Listing effective date
- Friday, October 16, 2026
Trading approval for promoter preferential shares
Continental Securities Ltd has informed the exchange that it has received trading approval from BSE Ltd for 13,00,000 equity shares issued to promoters on a preferential basis. The approval letter is dated October 15, 2026.
Terms of the shares
- Number of shares: 13,00,000 equity shares
- Face value: Rs. 2/- each
- Premium: Rs. 19/- per share
- Distinctive numbers: 3,04,53,001 to 3,17,53,000
- Allottees: promoters
- Basis: preferential issue, pursuant to conversion of warrants (as stated in the BSE letter)
What trading approval means
Trading approval is the exchange's clearance that allows newly issued shares to be traded on the exchange. BSE has advised that, effective from Friday, October 16, 2026, these securities are listed on the exchange.
Why investors may find this useful
- The approval marks the completion of this leg of the preferential issue process — issue of the shares to promoters and their listing for trading.
- These 13,00,000 equity shares go to the promoters, and they now form part of the company's equity shares listed on the exchange.
- The shares were issued at a face value of Rs. 2/- each with a premium of Rs. 19/- per share.
In short
This is an update on the promoter preferential issue, where the shares issued on conversion of warrants have now received BSE's trading approval and are listed from Friday, October 16, 2026.
Also from Continental Securities
Board meeting on October 30, 2026 to consider unaudited standalone results; trading window closed
24 Oct 2026
Dividend distributed to eligible shareholders on 14 October 2026
17 Oct 2026
BSE Listing Approval Received for 13,00,000 Equity Shares Issued to Promoter on Preferential Basis
1 Oct 2026
More numbers
- Equity shares approved for trading13,00,000 Equity Shares
- Face value per equity shareRs. 2/-
- Premium per equity shareRs. 19/-
- Distinctive numbers of the shares3,04,53,001 to 3,17,53,000
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